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Debt relief and good governance : new evidence
Freytag, Andreas; Pettersson, Jonatan; Schmied, Julian - 2017
Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief Initiative (MDRI), the World Bank has refrained from this...
Persistent link: https://www.econbiz.de/10011611187
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Politics and IMF conditionality
Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2013 - This version: June 2013
Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for … finding a measure of political importance that is not plagued by endogeneity and obtaining data on IMF conditionality. We … available dataset on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the …
Persistent link: https://www.econbiz.de/10009765008
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What drives financial development? : a meta-regression analysis
Doucouliagos, Chris; Haan, Jakob de; Sturm, Jan-Egbert - 2020
This paper offers a meta-regression analysis of the literature on the drivers of financial development. Our results based on 1900 estimates suggest that institutional quality is positively correlated to both private sector credit and stock market capitalization (both as share of GDP). Domestic...
Persistent link: https://www.econbiz.de/10012229266
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Does conditionality work? : a test for an innovative US aid scheme
Öhler, Hannes; Nunnenkamp, Peter; Dreher, Axel - 2011
Performance-based aid has been proposed as an alternative to the failed traditional approach whereby donors make aid conditional on the reform promises of recipient countries. However, hardly any empirical evidence exists on whether ex post rewards are effective in inducing reforms. We attempt...
Persistent link: https://www.econbiz.de/10009127656
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The long-run effects of individual debt relief
Bruze, Gustaf; Hilsløv, Alexander Kjær; Maibom, Jonas - 2024
Individuals with extensive debt may be granted debt relief in court. We provide a comprehensive evaluation of the Danish debt relief program with data from court records linked to nationwide register data. Using event-study methods and quasi-random assignment of applicants to court trustees with...
Persistent link: https://www.econbiz.de/10014551869
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The effects of medical debt relief : evidence from two randomized experiments
Kluender, Raymond; Mahoney, Neale; Wong, Francis; Yin, … - 2024
Two in five Americans have medical debt, nearly half of whom owe at least $2,500. Concerned by this burden, governments and private donors have undertaken large, high-profile efforts to relieve medical debt. We partnered with RIP Medical Debt to conduct two randomized experiments that relieved...
Persistent link: https://www.econbiz.de/10014517980
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Migration, tied foreign aid and the welfare state
Hatzipanayotou, Panos (contributor);  … - 2005
In this paper we highlight aspects related to the links between international migration, foreign tied aid and the welfare state. We model migration as a costly movement from an aid-recipient developing country with low income, poor infrastructure, and no welfare system, towards a rich donor,...
Persistent link: https://www.econbiz.de/10003112574
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Losing prospective entitlement to unemployment benefits : impact on educational attainment
Cockx, Bart; Declercq, Koen; Dejemeppe, Muriel - 2022
Providing income support to unemployed education-leavers reduces the returns to investments in education because it makes the consequences of unemployment less severe. We evaluate a two-part policy reform in Belgium to study whether conditioning the prospective entitlement to unemployment...
Persistent link: https://www.econbiz.de/10013285842
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Improving global public goods supply through conditional transfers : the international adaptation transfer riddle
Karen, Pittel; Rübbelke, Dirk T. G. - 2013
In order to overcome the underprovision of global public goods various different policy approaches have been proposed. In the climate policy arena, international transfers are frequently seen as an effective means to raise the provision of the global public good ‘climate change mitigation’....
Persistent link: https://www.econbiz.de/10009702883
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Moral hazard and the composition of transfers : theory with an application to foreign aid
Amegashie, J. Atsu; Ouattara, Bazoumana; Strobl, Eric - 2009
Persistent link: https://www.econbiz.de/10008904057